ROBERT M. PRICE (DC, MD) BHUPINDERPAL S. CHHABRA (DC, INDIA) RAMI NUSEL (NY, ISRAEL) MARY SUE DONAVAN (DC, NY) OF COUNSEL SAHLU MIKAEL (DC, NY, ETHIOPIA) NAZANIN M. NASRI (DC, VA, IRAN) LAW OFFICES OF DAVID E. PRICE 13520 ORIENTAL ST ROCKVILLE, MD...
Exhibit
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X. XXXXX (DC, MD)
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X. XXXXXXX (DC, INDIA)
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COUNSEL
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LAW
OFFICES OF
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Gentlemen:
I
have
acted as counsel to Textechnologies, Inc. (the "Company") in connection with
its
filing of a registration statement on Form SB-2 (Registration No. 333-________,
the "Registration Statement") covering 5,000,000 shares of common stock $.001
par value (the "Common Stock") to be sold by selling security holders ("Selling
Security Holders").
In
my
capacity as counsel to the Company, a Delaware corporation, I have examined
the
Company's Certificate of Incorporation and By-laws, as amended to date, and
the
minutes and other corporate proceedings of the Company.
With
respect to factual matters, I have relied upon statements and certificates
of
the Company. I have also reviewed such other matters of law and examined and
relied upon such other documents, records and certificates as I have deemed
relevant hereto. In all such examinations I have assumed conformity with the
original documents of all documents submitted to us as conformed or photostatic
copies, the authenticity of all documents submitted to us as originals and
the
genuineness of all signatures on all documents submitted to me.
On
the
basis of the foregoing, I am of the opinion that:
The
shares of Common Stock covered by this Registration Statement have been validly
authorized and will when sold as contemplated by the Registration Statement,
be
legally issued, fully paid and non-assessable.
This
opinion opines upon Delaware law including the Delaware constitution, all
applicable provisions of the statutory provisions, and reported judicial
decisions interpreting those laws.
I
hereby
consent to the filing of this opinion as an exhibit to the Registration
Statement and to the reference made to us under the caption "Legal Matters"
in
the prospectus constituting the Registration Statement.
Sincerely
yours,
Xxxxx
X.
Xxxxx, Esq.